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In this candid and informative lecture, serial entrepreneur Mark Suster defies some of Silicon Valley's conventional wisdom. Suster shares his thoughts on the real day-to-day life of startups, smart ways to raise the right kind of funds, and offers honest advice.

I'm an admirer of Mark Suster's blog, Both Sides of the Table. It's a Forbes Top Blogs for Entrepreneurs and has hundreds of thousands of followers--all for good reason. As his blog title denotes, Mark has done it all. He's a successful entrepreneur turned venture capital investor and a big advocate of marketing and PR. And he has got a way with words.

When you think about Seattle, what may come to mind are coffee shops, grunge music and scores of Generation-Xers. But Seattle offers so much more. It is a hub for fostering entrepreneurship and is especially supportive of women who break out on their own. In fact, NerdWallet ranked Seattle as the third best city in the U.S. for women entrepreneurs, just behind Washington D.C and San Francisco.

Baby boomers are micromanagers, work hard, do not understand technology, are stubborn and want to destroy the planet. Millennials are lazy, entitled, tech savvy, want to save the world and don't know how to communicate in person. Although the generalizations of baby boomers and millennials vary, they do share one similar characteristic, they both share particular entrepreneurial characteristics. Millennials crave freedom and earning potential. Baby boomers have a desire to build something.

For years, Dave Felker created equipment for one of the world's leading golf companies, Calloway Golf. There he designed golf balls and clubs for the game's best golfers. Then, Dave left Calloway. Throwing the USGA rules out the window and using the laws of physics instead, Dave created the Polara golf ball, which would help correct an average golfer's hook or slice.

When I read Meg Hirshberg's book "For Better or for Work: A Survival Guide for Entrepreneurs and Their Families" I knew instantly that I wanted Meg to join our slate of Founders School experts. The goal of Founders School is to provide entrepreneurs with crucial skills and knowledge, and to do so with an eye to topics that are important but rarely discussed in typical entrepreneurship education programs. The subject of Meg's book is just such a topic. We all know that entrepreneurs have to juggle a variety of considerations when founding a company: team building, assessment of product/market fit, intellectual property, and how to get that first important customer. What many entrepreneurs and, more importantly, their families, know is that there's a juggle on the family side of the equation as well, but it's one that many entrepreneurs may be reluctant to talk about.

With 1 Million Cups, as with any startup, our tendency is to put our best foot forward. We spend a lot of time talking about all of the great successes that we've had over the past year--and there have been many. But one of the things that makes our program special is that sense of having a safe space to share what you haven't done well and what you're struggling with on a day-to-day basis.

There's been a growing resurgence of working areas of long tables with copious amounts of white boards. They call them co-working spaces. Since the coining of the phrase in early 2000s, they've grown into warehouse size places with cubical conference rooms and modern furniture, becoming a hip thing for entrepreneurial ecosystems and startups across the globe. But recently, I've come to a realization: Co-working spaces are lame.

Lately, there's been a lot of talk about these people we call millennials. Namely, the current generation, Generation Y, those "entitled, narcissists who still live with their parents", according to Keith Wagstaff. From complimentary to derisive, countless writers have deemed it their duty to predict exactly what this generation will add or (as most reports warn) detract from our current society. But the truth is, nothing has been said about the "Me, me, me generation" that hasn't been said about every generation before them.

"CODE2040 is a unique and dynamic program that creates access, awareness and opportunities for top minority engineering students to ensure their participation and leadership in the innovation economy." CODE2040 places students in internships with top tech companies and provides them with mentorship, leadership training, and network development.

Last week marked an important milestone in the development of the 1 Million Cups program. For the last year, each city's weekly 1 Million Cups event has been run by our community organizers, a team of volunteer entrepreneurs. That's right people,VOLUNTEERS! Our community organizers are some of the most talented, creative, genuine, and collaborative entrepreneurs on the planet. In addition to being the thought leaders in grassroots entrepreneurship in their communities, they hold down day jobs working with or running startups. With all that brainpower at our disposal, we knew we had to get all of our community organizers together in Kansas City to plan for the future of 1 Million Cups as it continues to grow.

Strategic words are out. Personal search is in. This week, the Kauffman Foundation held a seminar on "Online Branding for Startups" with help from Mark Traphagen of Virante, a SEO marketing firm out of Durham, N.C. I learned a number of things in the hours we discussed branding with entrepreneurs and Kauffman associates, but here are my top four takeaways.

Today is a very exciting day for the 1 Million Cups program. We are three quarters of the way to our goal of twenty U.S. cities by then end of 2013. But more importantly, the debut launch of 1MC Orlando and San Diego demonstrates the power of collaboration at the grassroots level.

As Kauffman Labs helps grow and educate the entrepreneurial community through programs, events and workshops, we came across an aspiring gentleman with an idea. Nodir Abdullayev (Bek) has just recently found out about the entrepreneurial community in Kansas City and has made strides to become engaged since finding his first event through Kauffman Labs. Learn how Bek's first experience made him go from an aspiring entrepreneur to lean entrepreneur.

One of our well-respected business bloggers, Scott Messinger, indicates in his articles that starting up a business is no child’s play. He mentioned that if you want to have more time with your family through your startup business, you should think again. From my experience, Scott’s advice is something that you should look up to.